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oamerica's den oil could be numbered. >> reporter: the u.s. has discover energy than it thought it had. some talk about north american energy independence. >> we could make opec n0pec. the reason, advances in technology such as fracking, horizohorizontal drilling and or improvements which increase natural gas production by 27% in just four years, making the u.s. number one in gas with oil on its way. >> we're talking decades, if not into the hundreds of years of supply in north america. >> it's been estimated by the energy information agency that we could be the number one oil producer in the world by 2020, surpassing saudi arabia, so this is a big deal. it's a game-changing opportunity, and it's of historic proportions. >> reporter: even though who share the administration desire to reduce the use the petro chemicals acknowledge projections that the u.s. will produce one-third more of its own oil by 2020. 1 analyst said self reliance must include alternatives such as wind, solar, and more. >> we can reduce our dependence on foreign oil by shifting to electric vehicles and investing in
energy. right away i'm suspicious. >> a few days before the big game the superdome being lauded for efficiency. so efficient they turned off a half the lights for half the game. according to the nfl there was an abnormality like a power surge and a breaker kicked in. they knew what it was quickly. it takes a while to restart it because generators kicked in. if it was all dark it would have been difficult. everyone was calm. the game was delayed 34 minutes. it was just an embarrassment at best. we don't know exactly what happened. we didn't get a lot of information. >> thankfully it didn't go all dark. that would have been a disaster. that's good. boomer esiason, analyst and former mvp of the nfl, said during rehearsals last week on two occasions beyonce blew out the electricity. >> he said that. >> he said it today, all over the place. >> the other thing. >> he's a smart guy. it's beyonce meets solyndra. >> i spent three days and i was surprised how much of the infrastructure wasn't finished by thursday. they were still constructing a bunch of things leading up to friday. it see
he's got plenty of energy and it doesn't bother him. you believe that? >> i had plenty of energy, too. and it was energy that would easily have caused a problem for me healthwise. i think that i don't care how much energy you have. if you're carrying around an extra 100 pounds or more, you are playing with your health. and that should be taken seriously. >> reverend al sharpton, thanks for joining us tonight on "the ed show." >> thank you. >> you bet. that is "the ed show." i'm ed schultz. "rachel maddow show" starts right now. good evening, rachel. >> i knew all day that you and al were going to have that conversation, and i have been looking forward to that interview all day. that was so cool. >> don't direct it towards me, though. >> oh, no, no. no, no. that's not what i meant. i just wanted to hear what he had to say. i've never asked. i'm so glad you did. >> it takes a lot of discipline. and you know, i admire reverend sharpton for what he's done. it's amazing. >> i admire him for a lot of things, and that is one of them. thanks, man. appreciate it. thanks to you at home as well
work in national security or education or clean energy, not to mention the growth of the entire economy should be in jeopardy because folks in washington couldn't come together. >> all right, the cbo estimated today in the fiscal 2013 budget $850 billion will be the deficit and we looked at the charts. people will argue, probably the man here, that it's going to be down in the long term because of increased revenues, economic growth, sequester, higher taxes. but kimberly, if you look to 2013, it shoots back up. how can the president hold a press conference when he talks about cuts using the word smaller. >> there's so much shrinkage. the problem is the middle class is the working poor. that's what's the norm. people are so used to it now they don't realize it should be fixed. we could focus on cutting back on spending, thinking about how to stimulate jobs and the economy. we're so used to the stagnation, it's become acceptable and people aren't critical enough to say there's a better way to do this and a smarter financial way to make sense. >> is this the new normal? before we get to th
to continue to regulate the energy industry, trying to do more in the car industry, trying to take over the health care industry. >> can i just interject? you see the problems between government has mother may i decisions over the economy. >> it has nothing to do with the obama administration. the problems of the post office go back way before president obama existed. the reality is it's an inefficient organization that has to answer to the government to make decisions. the problem is people aren't using the post office. >> let me make a quick point. first of all it's not inefficient. >> you're right. i don't mean inefficient. >> i know what you mean. 50 cents you can send a letter wherever in the universe. >> that part is efficient. you're right. >> i want to make a supporting argument here. i disagree that it is sentimental. there is a famous video of claire mchaskill longing for the days of getting mail. >> the senator? what's the story with her? >> jon stewart ripped her to shreds. >> the point that's valid is we are big city folk. in the smaller, rural parts of the country and you
've got is in an earlier generation, with an earlier structure, the republicans can take the energy of the people of the grass roots. bend it toward the middle and use it to elect people like ronald reagan and the bushes, father and son. but all of that architecture is gone. all you've got is the energy at the grass roots that isn't organized in anyway. and karl rove can't organize it. neither can any of the other people who played with that power but who now can't control it. >> so those who rode the tiger are now inside the tiger. >> exactly. >> don't forget, the chamber of commerce, at very times, made common cause with the antigovernment, anti-tax, anti-everything. they were willing to get in bed with him at certain points. and now they're paying for it. and karl is trying to unwind what he's wound. >> he's like a track tout. i used to go and after the races were over, they would show you who they'd recommend you'd bet on. it was always the winners that pass out the free picks. i would have bet on this guy. that's rove out there saying i would have had all of these winners picke
, is that we worked with excel, the energy company, to make sure that not only do we have backup, we had backup upon backup because this is reflective for people saying what happened as opposed to everything going the way it is. >> good. can you imagine if that event, there would be blackout all over the world, what would they have said about american on infrastructure. it would have been horrendous. >> that's right. that's right. >> how is commercial real estate? >> well, you know, the construction industry as a whole has been dragging. residential in particular. but we see a turn now slowly in the residential market. and the cyclicality of that is commercial always follows residential. and we're seeing some uptick. you look at the american institute of architects and the associated general contractors, we're optimistic that it may not be a big spike, but maybe somewhere between 5% to 7% increase. i think a lot of that is because the banks now are lending. and some of the projects that were delayed are not done was because of waiting for finance. >> is there an example of that? i'm -- somethin
ahead of earnings. >> buy toll. >> virtual, doc. >> gap stores, 34. >> long ieo and energy player etf. i think it goes higher. >> that does it for us. don't forts to catch more fast at 5:00 p.m., follow me on twitter and scott wapner cnbc. "power lunch" starts right now. >> indeed it does. welcome to "power lunch," everybody. bulls, large and in charge. the dow trying to wipe out monday's triple digit loss. we have two breaking news stories this hour. president obama to speak in 15 minutes time. he will ask congress to come up with short-term packages to put off automotiatic spending cuts. hampton, we begin with you, budget office right now releasing its budget and economic outlook. give us details. >> reporter: the budget office, assumes no change in current laws, 2013 fiscal year budget deficit, $845 billion. cbo projects first time below $1 trillion since 2008, 5% of gdp, well below the peak of 2009. saying deficits decline as a percentage of gdp could dip as low as 2.4% in 2015. then they start to rise again in 2016. that 10-year-old cbo deficit projection increased overall to 4.6 tr
maxx hd by motorola. >> the source of energy that's becoming khraoerp, we all know -- cheaper, we all know it's cleaner and more businesses are starting to take notice. we've got to double down on a clean-energy industry that's never been more promising. doubling the clean energy we use. to jump-start a home-grown clean-energy industry. >>gretchen: remember when president obama touted the future of green energy and pumped billions of tax dollars into solar energy. today the future looks dim as investments in green energy are beginning to dry up. >>steve: as the subsidies dry up, so does the business. because? >> there's tons of jobs and the entire industry is relying upon these billions of dollars, and we know where those billions have gotten up. according to my research, .1% of the grid comes from solar power. you think about the money that's gone in, billions, and the output. almost nothing; right? now wall street -- this is a big business issue, and what everybody is talking about is what's going to happen with the shraor industry? -- going to happen with the solar industry? what i
we have been talking about last few days. we talk about foreign policy having an effect on energy markets. john bolton is coming on. he will be here in a moment. dagen: we will focus on the dow above 14,000. how is the dollar holding up? look at the dollar weakness, look at euro that is almost $1.37. that ultimately is not good for the country. [ male announcer] surprise -- you're having triplets. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade. it's just common sense. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. execu
the crisis of this oil spill to try to promote his energy tax. and i've had numerous people all over the district question whether his poor response to this oil spill was purposeful so that he could promote his energy tax. i don't know. >> i don't know. maybe he is just letting that oil spill for political purposes, because he is a nazi and a marxist. who could know? the same congressman decided during the state of the union address in 2011 that he would not attend the speech in congress, but rather he would troll the speech on twitter. quote, you don't believe in the constitution, mr. president. you believe in socialism. that's what he was tweeting during the state of the union. he has declared nancy pelosi a domestic enemy against whom he is sworn to protect the nation. he has said that president obama is part of a socialistic elite planning to declare martial law. and he has said that the president may use the excuse of a flu pandemic to declare a martial law. he said, quote, we've seen that historically. guess how this gentleman feels about health reform? >> folks, this is obama
in this country that are actually occurring. energy revitalization and independence, i think that gets undersold. the fact that our labour force is now competitive. i think longer- term those are good things. my question is how quickly we get there, and there are all kinds of speed bumps before we kind of get to that end-state nirvana. and the big factor that holds the key to that is what happens in congress. > brent schutte. thanks so much. > > thank you. the big easy is working mighty hard to make a big comeback. we'll see what's new in new orleans, next. as the monday morning quarterbacking gets underway, we wanted to give special attention to the real winner of the super bowl: new orleans. joining us via skype this morning, mark romig. he's president and ceo of the new orleans tourism marketing corporation and chair of the host committee for super bowl 47. congratulatoins on hosting a terrific event. is the city closing in on being back to where it was prior to hurricane katrina? > > that is a very good question. a lot of us believe that because the nfl gave us the super bowl to host when we
of a million accounts may have been compromised. last month's attack on the department of energy only recently came to light when employees were notified hackers hacked serve he is. the apparent ease in which nations appear to be infiltrating heavily secured sites and u.s. military and intelligence community on notice. >> this is a whole new arena a new frontier where people are able to move with stealth, agility and invisibly. i think that is what forces you to be on your toes and apprehensive and to really redouble your efforts to protect yourself. >> fox news is told a national estimate has authoritative documents commissioned to focus on cyber security with an analysis of china and others perceived after such as iran and north korea. the state department says the very real threat to economic and national security is consistently being raised with beijing. >> we have been clear with the government of china that we need to continue to talk about this. this is unfortunately a substantial and growing concern. >> after white house spokesman jay carney said he would not testify on documents late
nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. officewith an online package new colincluding: domain name,y! website builder with five pages and basic email just $49.99! that's up to 76 percent below online providers and only at officemax stores! >>. >> sean: this is a fox news alert. we are a awaiting a police conference for the end of the alabama standoff. five-year-old boy has been rescued. man who held the boy hostage, 65-year-old jimmy lee dikes is dead according to officials. officers stormed the bunker had after negotiations had deteriorated and the officers believed the boy was in fact in imminent danger. the five-year-old was taken to a hospital for nearby evaluation. at this time it is still uncleared how dykes died. he snatched the boy from a skx after shooting and killing the drive. the police press conference is expected to begin shortly. that, of course, will be on greta van susteren's show. stay with us, that press conference is starting momentarily. thanks for being with us. we'll be back tomorrow night. >> greta: this is
have to give a speech with no ambience, no energy. there is no crowd crowd. >> rubio -- i've seen him give speeches to small crowds. >> let's hope his back drop is better than bobby jindal. like the faux library. >> i think they got that out. >> that comment about his first language is conservatism. it's also humility. he tweeted out about that comment and said there is only one savior, hash tag, jesus. meaning, i'm not a savior in any way. it's not a humility we don't see from a president. >> i would not call this -- >> oh, really? has observe -- obama said he's not the savior when newsweek said he is the savior? >> it's very humble. >> this is exactly the mirror experience of obama in 2004. you had a party that was in a desperate situation. they needed somebody and it was a young person who was a minority, who, in bob's words, probably helped him because he was african-american. what we're seeing now is the mirror image for the republicans. the republicans are in desperate position. a young, smart guy. articulate even. >> how dare you! >> that's racist! >> with hillary clinton aroun
ounce of energy pip never want to have to be in the same room as beyonce. >> wait she strutted on stage, that is just like michelle coming on to the set. she does have a strut, michelle caruso-cabrera does. i will say that for sure. the nfl says that is not the case, she doesn't cause it. but if there was a power surge and it sucked up energy and then it was gone, maybe there was something to it. but the nfl, as of an hour ago, said she did not have anything to do with it. >> i thought it was beautiful, camera work was just amazing. it was the cam ro work i was paying attention to. sue, help me. >> i'm sure 2 was, ty, absolutely. >> let's talk about clor ox, shall we? strong quarter for that company. stock at historic highs. soundly beating estimates because the severe flu season boosting sales of disinfectant wipes. stock up about 1 1/3 percent. clor ox's ceo will be on here on cnbc. >> and. man behind the broadway hit "the lion king." car running like new? you ask a ford customer. when they tell you that you need your oil changed you got to bring it in. if your tires need to be rotate
pads, and, you know, technology devices. not in things like education and energy and that's the only sign of inflation. but to joe's point, i think the fed can back off on what they've said if in fact we've seen them pull back. they can walk away from the 6.5% unemployment target and wind down quantitative easing in a much more rapid pace. i think that's a step in the right direction, so it doesn't have to be a train wreck. this could be a gradual pullback of easing where interest rates start going up in the first part of 2014. >> we've been talking about pulling this band aid off for so long. carl, it's like housing, though. schiller wrote a piece in the journal, they said it lasted five years. that was painful. but boy, when it reversed, it was more painful than that time with which you're waiting for it to happen. >> joe, art, thanks, guys. good stuff. >> thank you. >> trading debut here at the nyse today. becoming the largest ipo from a u.s. company since facebook. shares of zoetis is trading at $26 apiece. it's the only way to play it in a pure way, because the other animal medicine
to be in a panicked state when half of the power went out. when the company that supplies the energy to the superdome said basically it was a power surge. the system thought there was an abnormality and shut down. equivalent of at your house a power breaker goes off. a breaker broke. and the half of the energy in the stadium goes off. half the power goes off. here's the thing, for those of you watching at home you had no explanation because the power went out on the side of the announcers, jim nance and phil simms for cbs. you could not hear them because the power was out on their side of the stadium as well. so fans were in the dark inside the stadium and all over the world because there was no explanation. what happened was there was a surge -- there was no fire as originally reported. and the players resumed after 34 minutes on of a power outage. >> 34 long minutes. it felt like it was a decisive moment in the game. walk us through some of the other highlights. >> yeah. you know, it was all ravens before the power outage. you just know the conspiracy theories were gearing up saying the nfl is tryi
in egypt. >>> energy secretary steven chu is resigning. in a statement, president obama said chu helped move the country toward energy independence citing department programs in wind and solar power. chu will stay on until the end of the month and until a successor is confirmed. those are the headlines. back to tracy and ashley. ashley: rick folbaum, thanks so much. the u.s. economy added 157,000 jobs in january, while the unemployment rate it ticked up to 7.9% but today's report represents only a fraction of the 12 million americans looking for work. peter barnes joins us from the labor department with more on that story, peter? >> hey, ashley. 4.7 million of those 12 million people have been unemployed for 27 weeks or longer. that's about 40% of the stolt -- total unemployment. the white house is not doing any high-fives about the jobs report today but it will take it. the president's top economist alan krueger telling me this morning that the report and some other economic indicators paint a picture of an economy that is slowly healing but not back to full they will health just yet.
beaten down over the last couple of years. this is tech, this is energy, this is big cap, industrials, these are stocks that have basically been -- that have gotten cheaper over the last couple of years, around fears of a global recession, around fears that the rest of the world isn't as strong as the u.s. today, i think that it's time to really reverse that trade and go back into some of the more globally geared gdp sensitive stocks that are cheap, they're underowned, and it looks like the global economy could actually outpace the u.s. this year, and for the next couple of years. >> savita we talked to a bunch of strategists this year who are, i would say, aggressive to -- i mean, mixed in terms of their defensive nature regarding sector allocation, that they might step on the accelerator later on in the year once we get past some of the d.c. deadlines and go more cyclical, go more economically sensitive. would your advice be to err on the side of aggressive? >> i think it's -- there's no better time to do it than now. the reason is that, you know, i think the market looks through a
. >> there is a box between the superdome and facebook -- i mean, facebook, there you go -- superdome and energy. unfortunately the nfl has people who are very good engineers who were able to get the two sides to work, and that's why it came back. >> goodell also said, don't count new orleans out. >> coin star is down by 6.5%. earnings came in. they disappointed. the takeaway that a lot of analysts on the street this morning are making is that they are losing more share to netflix. they got a video streaming service, still in the beta stages. that's not going to help them right now. it's on the way. on the way may be too late. we're seeing shares under pressure. >> headwinds there, obviously, from the -- there's a couple of things, the dvd comps continue to show. netflix did pick up 2 million people. they came from somewhere. i think that this is a story where they try to put the best face possible on it. i don't think they succeeded. >> yeah. >> google, quit note here from morgan stanley, adding it to the best ideas list. target goes to 932. youtube, the most underappreciated, a sliver of the t
it. the president did get some big improvements in energy investments and sensors to help detect and repair problems before the lights go out. as well as some grid modernizations. we did not get the brain, and during last night's super bowl, super bowl xli, we didn't get the commercials for the smart grid, we got this. 34 minutes of darkness in the most watched television event in u.s. history. it was not all bad. when the lights went out, twitter lit up. a whole lot of snark, the audience sports net tweeted, many without power in new orleans, please help, every donation counts. one tweeted in hind sight maybe installing the clapper was a bad idea. this tweet, i'm going to speak into a mug because my bain is not very good. and the parody account, super dome lighting crew tweeted what people don't talk about is how the lights were on for the entire first half. never get that credit. we don't know yet the exact cause of last night, power outage or if it could have been stopped by a smart grid, maybe it could not have. but blackouts in general and big ones in particular are more com
who work in national security or education or clean energy, not to mention the growth of the entire economy, should be put in jeopardy just because folks in washington couldn't come together to eliminate a few special interest tax loopholes or government programs that we agree need some reform. >> they're not little and they're not few and they're not easy. of the five of the top ten tax expenditures, these are loopholes. mortgage interest deduction, the deduction we get for health care, the child tax credit, deduction for state and local taxes, charity. okay. the president doesn't want to name those. republicans don't want to name those. but that's what we're talking about, a tax increase on a whole lot of people. >> well, if you really wound up closing those deductions, we would have a massive impact on a lot of lives and i don't think it's going to happen. i think that what you're going to wind up seeing is there are a lot of tax deductions that don't bring in quite as much money but which really distort economic behavior. good one people point to is the carried interest which al
and local democrats are going to say we probably spent a lot of money and a lot of energy that we would have spent on, you know, house races or senate races. he took a beating in the polls. maybe didn't fall under. >> but i think he's wrong and you're right. i'm right. i think it almost killed him. one more night like that, he would have lost the race. thank you michael crowley from time magazine and joan walsh from salon. >>> turning to the far right to find candidates for the senate. this time it's paul broun the guy who called evolution a lie from the pit of hell. he's running in georgia, probably win down there. that's good for the ds. this is "hardball," the place for politics. textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before inv
of the plane's lithium batteries. >>> americans are pumping more of their income into gas. the energy department said monday that u.s. households spend an average of $2,912, 4% of their income on fuel last year. that's the highest level in four years. even though gas costs are eating up a bigger chunk of your budget, americans are buying less gas because their cars are becoming fuel efficient. the average price of a gallon of regular unleaded is $3.53. gas prices have been rising. there you go. >>> all right. 23 minutes past the hour. texas governor rick perry launching a big radio ad push in major california cities. he is trying to get businesses to the lone star state. listen to this. >> this is texas governor rick perry. come check out texas. there are plenty of reasons -- >> perry touts texas' low taxes and easier business climate compared to california. >> everybody wants jobs. people have been moving into texas. >> a nice place. >> we have seen an inflow of migration. >>> the white house with a key deadline and republicans vowing to do something about that. >>> instead of kids f
, the energy department says the average u.s. household spent almost $3,000 on gas last year, that's the highest level in four years. >>> talkback question today, should the boy scouts of america lift its ban on gays? facebook.com/carolcnn or twet me @carolcnn. your responses next. that are 62 and older about a great way to live a better retirement. it's called a reverse mortgage. [ male announcer ] call right now to receive your free dvd and booklet with no obligation. it answers questions like how a reverse mortgage works, how much you qualify for, the ways to receive your money, and more. plus, when you call now, you'll get this magnifier with l.e.d. light absolutely free. when you call the experts at one reverse mortgage today, you'll learn the benefits of a government-insured reverse mortgage. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >>> talkback question today should the boy scouts of america lift its ban on gays,
, christy whitman did this in the clinton years. she tried to create some of that energy. we're told marco rubio will be more of a traditional by himself with a camera. there's a downside if he bombs. but this is a rising star in the republican party and they think he's a perfect choice at this moment. you mentioned 2016, trust me, the leaders boehner and mcconnell are more worried about 2016. >> it's the beginning of a rebuilding process and, look, republicans have a crisis in that community. if marco rubio can help them, this will be a first step. >> thanks very much. >> you bet. >>> chris christie responding to a report. he's not happy about what a former white house physician told him about his weight. you're going to hear his angry outburst coming up. >>> and president obama makes an unusual choice for a cabinet. why an outdoor outfitting company will soon be part of the obama administration. whoa ! looks like you're in a pickle. yeah. can you get me out of it ? just so happens i know a chap... book any flight and hotel together and get access to our free personal concierge service. a
the crisis. >>> america could be energy independent in the coming years. advances in technology such as fracking and horizontal drilling have increased natural gas production by 27% in the last four years. there's positive news tonight about the housing industry. we'll hear from the chief economist for government lender freddie mac. >>> the search goes on tonight for a former lapd cop suspected of going on a shooting rampage, killing three people. special report from washington starts at 6:00 eastern righ. right now, back to new york and the five. >> a new study from kansas state finds people who use the internet at work spend most of the time doing things unrelated to their job, a if h phenomenonn as cyber loafing. i say forget the impact on work. how does it affect your life? the danger of cyber loafing is the word itself. when a reporter attaches cyber to a word, it's because they're out of ideas. dana's new app, cyber jasper, but more important the danger of surfing isn't the time wasting, it's the crippling fear of action it encourages in your life. the laptop simply makes
...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. officewith an online package new colincluding: domain name,y! website builder with five pages and basic email just $49.99! that's up to 76 percent below online providers and only at officemax stores! >>. >> sean: this is a fox news alert. we are a awaiting a police conference for the end of the alabama standoff. five-year-old boy has been rescued. man who held the boy hostage, 65-year-old jimmy lee dikes is dead according to officials. officers stormed the bunker had after negotiations had deteriorated and the officers believed the boy was in fact in imminent danger. the five-year-old was taken to a hospital for nearby evaluation. at this time it is still uncleared how dykes died. he snatched the boy from a skx after shooting and killing the drive. the police
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throughout the u.s. are considering a ban on energy drinks such as a-hour energy and red bull. a recent study found emergency room visits linked to such drinks doubled over the past four years. in 2011, the energy drink industry was valued at $8.9 billion. can i just say, anybody feel comfortable -- does anybody drink those thing? >> no. >> kids. >> have you guys ever drank red bull? i've known a few adults -- i know the "morning joe" staff does. >> it's not good for you. >> i've been worried about them. >> morning joe" staff has it on an i.v. drip. >> you ever do red bull? >> i've sampled it. >> i think heilmann has sampled everything at one point in time. >> it's kind of asked and answered. >> it's perfecty legal. >> it is perfectly legal. i would be concerned about my children. >> i think it's on the line, actually. >> yes, there's a lot of caffeine and sugar in that thing. that's all it is. >> and the kids line up at starbucks getting these really strong drinks, too. i think we're going to have a problem. i don't want to get you all mad at me. >> i mix it with vodka now and then. >> which
emerging markets. i'd buy financials. i'd stick with them. i'd stick with energy. i'd stick with mlps. i like a number of other sectors. >> what about the quality issue? that he just brought up. >> i disagree. i think with the s&p having reported at least 50% of the companies maybe over 60%, the earnings have been good. positively mostly good. >> outside of financials, yes. absolutely. the financials have done well, but if you dig down underneath, what you really see is a cost cutting story. it's not a revenue story. >> right. and they're still cutting costs. >> i agree. >> we'll leave it there. we appreciate your time. >> thank you. >>> and later on we'll take the pulse of the economy from a company that takes everything. donl knaus will join us. today his stock is at an all-time high. >>> meantime heading towards the close with 20 minutes to go. looks like this may be the worst decline for the dow so far this year. the dow with the worst decline was 255 points. we'll keep an eye on this. >>> some top wall street executives sold their company stocks ahead of the rally. wait until you he
. ♪ chevron has been developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> the man charged with murdering a well-known navy s.e.a.l. over the weekend is on suicide watch tonight. eddie ray routh is being held on a $3 million bond. he was tasered and restrained after he became aggressive with guards. one of the two men routh is accused of shooting down is chris kriel, possibly one of the best u.s. military snipers ever. remarkably he made one of those shots from 2,100 yards away. here is how he described the moment. quote, maybe the way i jerked the trigger to the right, adjusted for the wind. maybe gravity shifted and put that bullet right where it had to be. he was so feared by iraqi insurgents they put a bounty on his head. he survived the war, left the navy with a chestful of medal thes. back home he was helping veterans struggling with ptsz. officials think t
got rare kangaroos. ♪ chevron has been developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> our fifth story "outfront," shooting guns with ted nugent. our deb feyerick was invited the the rocker's ranch to talk hunting, self-defense, and the second amendment. >> fire in the hole. >> for ted nugent, gun control is putting the second bullet in the same hole as the first. >> two down. >> a lot of people look at the tragedy at sandy hook and they say, something's got to be done. >> agreed, something has to be done. >> they point to weapons that were used as the cause. >> it's not the weapons. the weapons have nothing to do with it. these -- again, these weapons are in every pickup truck in texas. ♪ >> the famed platinum-selling rocker is passionate about his music, his family, and his firearms. he's fiercely protective of the rights of law-abiding gun own
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